China's economic woes can turn Beijing become more aggressive

The economic woes currently facing, prompted fears that Beijing could in turn become more aggressive, and compensate by escalating the risk of a war with the US over Taiwan, the media reported citing experts who closely follow the US-China rivalry.

ONGC Videsh requests 3-yr extension for oil block in South China Sea

India's leading international company ONGC Videsh Ltd. has requested a further three-year extension to continue its oil and gas exploration in a Vietnamese area in the contentious South China Sea.

ACC battery market demand is expected to reach 220 GWh

The demand for advanced chemical cell batteries in India is predicted to increase at a CAGR of 50% from 20 GWh in 2022 to over 220 GWh by 2030.

Insecticides India to invest Rs 150 cr in next 2 yrs on capacity expansion

Rajesh Aggarwal, the managing director of Insecticides India Ltd (IIL), announced on Sunday that the company will invest Rs 150 crore in capacity expansion in Rajasthan and Gujarat over the next two years and introduce new insecticide and herbicide products before 'Navratri'.

Sedan demand is still strong, despite a spike in SUV growth

Santosh Iyer, the company's managing director and CEO, claims that sedans are still doing well for Mercedes-Benz India despite the market's overall surge in desire for SUVs.

PASSENGER VEHICLE SALES ARE ANTICIPATED TO SURPASS 10 LAKH

Domestic passenger vehicle sales are expected to cross 10 lakh mark in the festive period this year with demand remaining robust

CBFC certification lowered to 8,299 in 2020-2021

Film certification dipped to 8,299 films in 2020-21, the Covid-19 year, as against a high of 22,570 in the pre-pandemic year of 2018-19, the Information and Broadcasting Ministry told a Parliamentary panel.

AP govt signs MoA with Central govt

Stalled hydropower projects in the state of Arunachal Pradesh which have seen no progress in the last two decades could finally see the light of the day as the state government transfers them to central public sector utilities.

Servotech collaborates with UP govt to manufacture EV plant

Servotech Power Systems will invest Rs 300 crore to set up an EV charger manufacturing plant in Uttar Pradesh as part of an agreement with the state government.

Investment raised by $550 mn in T'gana by Foxconn

The Board of Directors of FIT Hon Teng Ltd (Foxconn) approved the investment of USD 400 million in Telangana, its India representative V Lee said in a social media post.

DOCTORS PROHIBITED FROM TAKING FREEBIES FROM FIRMS

Industry insiders feel this is a step towards implementing and codifying the Uniform Code of Pharmaceutical Marketing Practices

'Ad revenue sharing by X subject to GST over threshold'

Remuneration individuals received by from X (formerly Twitter), as part Rind of its advertisement revenue sharing plan, will be treated as supply under the GST law and will be subject to 18 per cent tax, experts said.

RBI to use AI to improve regulatory supervision

The Reserve Bank has opted for the services of global consulting companies McKinsey and Company India LLP, along with Accenture Solutions Pvt Ltd India, to create systems that utilize artificial intelligence and machine learning for its supervisory operations.

Electricity output sees 1.3% Q1 growth due to unseasonal rains

In the April-June quarter of 2023, the nation's electricity production experienced a slight increase of 1.3 per cent.

India's Kharif crop sown across 979.88L hectares so far this year

Farmers in India have crops across 979.88 lakh hectares so far this year, as against 972.58 lakh hectares in the same period of last year, according to the latest data from the Agriculture Ministry. On a yearly basis, the sowing is around 1 per cent higher.

'DRAFT BILLS ON 5 CASH CROPS UNDER REVIEW'

The ministry has circulated separate notes for the bills related to cash crops of tea, coffee, spices, rubber and tobacco

HONG'S KITCHEN UNVEILS 'TASTE TIBET' FESTIVAL IN DELHI NCR

Jubilant Food Works' Indo-Chinese brand, Hong's Kitchen, initiates its pioneering alliance with famed chefs Doma Wang and Sachiko Seth, unveiling the Tibet Food Festival for the discerning Indo-Chinese food admirers.

ZYDUS LIFESCIENCES Q1FY24 REVENUE SOARS 30% TO RS 5140 CRORES

In a significant financial disclosure today, Zydus Lifesciences Limited revealed its outstanding Q1FY24 performance. The company reported impressive revenues of Rs 5140 crores, marking a 30% YoY upswing.

Court finds 'Mankind' and 'Novakind' marks confusing for pharmaceuticals

The Delhi High Court, in the case of Mankind Pharma Limited v. Novakind Bio Sciences Private Limited, observed and declared that the marks \"Novakind\" and \"Mankind\" are confusing when applied to pharmaceutical products.

Telangana Court reviews NCPCR guidelines

In the case of Keethineedi Akhil Sri Guru Teja v. State, the Telangana High Court observed and issued a notice to the State Minority and Tribal Welfare Authorities and various State Minority Residential Educational Institutions.

DELHI HIGH COURT REVIEWS NEWSCLICK'S PROTECTION IN LAUNDERING CASE

In the case of M.S. PPK Newclick Studio Pvt. Ltd. & Anr. vs. Union of India And Anr., the Delhi High Court has issued a notice regarding an application from the Enforcement Directorate (ED).

LOK SABHA APPROVES 28% GST ON ONLINE GAMING

The Lok Sabha passed amendments to two Goods and Services Tax (GST) bills, imposing a 28% tax on online gaming, casinos, and horse racing clubs during the monsoon session of Parliament.

BOMBAY HC OVERTURNS ORDER, CITES NATURAL JUSTICE BREACH

The Bombay High Court, in the case of Kalpataru Power Transmission Ltd. vs State Of Maharashtra, has quashed a review order against Kalpataru Power Transmission.

Hero MotoCorp records 32% YoY jump in Q1 PAT

Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters, has posted Rs 8,767 crore in revenue from operations for the first quarter (April-June 2023) of the financial year 2024, as compared to Rs 8,393 crore in revenue from operations earned in the same quarter of FY2023.

EICHER, AMAZON PARTNER FOR E-TRUCKS DELIVERY

In a move to further enable the electrification of middle- and last-mile delivery operations in India, Eicher Trucks and Buses, a business division of VE Commercial Vehicles Limited (VECV), has announced a collaboration with Amazon to introduce up to 1,000 cutting-edge, zero-emission electric trucks across various payload categories into Amazon's delivery operations over the next five years, deployed through Amazon's transport service partners.

Toyota Kirloskar Motor launches Rumion MPV

Toyota Kirloskar Motor (TKM) has announced the launch of the Toyota Rumion, a new compact MPV boasting unmatched space and excellent fuel efficiency in a stylish and premium new family car. Marking Toyota's entry into the BMPV segment, the All New Toyota Rumion presents a prestigious and convenient option for families seeking comfort, convenience, reliability, and peace of mind.

HYUNDAI MOTOR GROUP CHAIR EUISUN CHUNG VISITS INDIA

Hyundai Motor will introduce five EV models by 2032 in India and expand the number of EV charging stations to 439 by 2027

India pushes G20 for consensus on fugitive economic offenders

India is urging the G20 nations to form a united front against fugitive economic offenders, with aims of expediting their extradition and ensuring the swift recovery of assets both within the country and overseas.

Rising debts in Kerala, Bengal, Punjab concerning: RBI

Call it competitive federalism in a new avatar. Indian states are vying for top slots in the pecking order of debt accumulation as the outstanding debt burdens of these federal entities stay on an upward trajectory since the Covid-19 pandemic hit, with Madhya Pradesh topping the rise with a 79 per cent jump.

RBI HOLDS REPO RATE; INDUSTRY, TRADE WELCOME DECISION

Keeping the policy rate unchanged is important for industry, as it will further boost growth.